VandeWater & Associates Licensed Real Estate Brokerage

  EARLY WINTER WATERFRONT SPECIAL

6 ACRES WITH 700 FEET OF BEAUTIFUL FRONTAGE

ONLY $34,900

BUY BEFORE 12/31/18 AND RECEIVE A NEW DRIVEWAY AND YOUR CHOICE OF A BUILDING SITE CLEARING

                                        CALL US FOR AN APPOINTMENT  315-348-8884

  Click here for details

What is a 1031

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment.  A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.

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